Protect your business with Directors' & Officers' insurance
Running a business involves making important decisions every day. Sometimes, despite your best intentions, these decisions may not always turn out how you expected. Directors’ & Officers’ (D&O) insurance keeps your company operating smoothly even during legal disputes. Here’s how it works…
What is Directors’ & Officers’ insurance?
Directors’ & Officers’ insurance is designed to protect key people in your company if they face allegations of personal misconduct.
Why do I need Directors’ & Officers’ insurance?
Directors, officers, and executives are tasked with extra responsibilities that hold them accountable to employees, the public, investors, and regulators. Their decisions have the power to shape the future of your business. But this role also exposes them to potential legal and financial risks.
Directors’ & Officers’ insurance acts as an essential safeguard against these risks – which can be costly to defend. It also enables your business to attract and retain top talent by ensuring their security in key roles.
What does Directors’ & Officers’ insurance cover?
Directors’ & Officers’ insurance provides essential protection for the individuals leading your organisation – from dealing with minor claims made by unhappy clients to more serious regulatory investigations. Typically, D&O insurance includes:
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Legal defence costs
Any expenses related to lawsuits or other legal action
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Regulatory investigations
Provides financial support for compliance and defence costs
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Personal asset protection
Shields the personal assets of directors, ensuring their homes, savings, and other personal property is protected
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Employment claims
Covers claims related to employment disputes brought against individuals or the business
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Corporate liability
Extends to the organisation itself, covering legal costs associated with the business
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Shareholder lawsuits
Protects against allegations of failure to act in the best interests of shareholders
Picture This...
Your ambitious startup has successfully secured funding from multiple investors who share your vision. As you begin to rapidly scale, different ideas and strategies lead to tension over the company’s direction.
One investor, unhappy with the new direction, files a claim against a key decision maker for mishandling investor funds. Even though you believe this to be a false allegation, the company steps in to support the accused individual. Your insurer acts fast – providing legal defence for those named in the lawsuit, and working to reach a settlement that suits both parties.
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Contact us
Take your next step.
If you’re interested in how we can help or just want to introduce yourself, get in touch. We’re always happy to talk. Alternatively you can book a meeting with one of the team using the Capsule Calendar.